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Courtesy of Ray Ault of Ault Commercial Realty, Inc.: Ray@AultCommercial.com.

761 Route 4 East , #1

Rutland Town, VT 05701
  • $139,000
  • STATUS: Active Under Contract
  • ON SITE: 442 Days
  • MLS #: 4947099
Under Contract
UPDATED: 116 min ago
$139,000
  • 0
    BEDS
  • 19.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Part of NEARLY 50 ACRES: Poised for Residential development or subdivision, subject to Permitting. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 19.8 acres may be combined with an adjoining 28.93 acres* ($210,000) SW that shares access ROW. The combined larger parcel of 48.73 acres (Listed by Town as 49.43 acres) is discounted to $325,000. The Gross Taxes listed hereon: $2,952.93/yr, are for that combined larger parcel of 48.73 acres. On a $59.74 per acre assessment basis, that would put the annual 2024 Tax on this 19.8-acre Parcel 1 at $1,183. and the tax allocated to Parcel 3 would be $1,728. Possible OWNER FINANCING. Or Ground-Lease starting at $1,250.00/month on Parcel 1, and $1,750/mo., on Parcel 3,...term negotiable. Note: The Right of Way from Route 4 along the south line of Parcel No. 2 on the survey map provided, appears to be 20 ft wide, but Seller also owns Parcel 2 with the gray cape house (currently on an annual lease), and advises he is willing to convey Parcels 1 and 3 with a 50-ft., ROW. Buyer should have a Wetlands Delineation done by a Vermont-Certified Wetlands specialist, and soils perc tests to establish a "development envelope". * See ML#4845085 for Listing on adjacent 28.93 acres for $210,000.

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© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-06-15T18:05:58.077.
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761 Route 4 East , #1 Rutland Town, VT 05701

  • Price: $139,000
  • Status: Active Under Contract
  • On Site: 442 Days
  • Updated: 116 min ago
  • MLS #: 4947099
0
Beds
0
Baths
0
½ Baths
19.8
Acres
County:
Rutland
Area:
Rutland Town
Property Description
FOR SALE or GROUND-LEASE: Great DEVELOPMENT OPPORTUNITY: Part of NEARLY 50 ACRES: Poised for Residential development or subdivision, subject to Permitting. Just 10 minutes to downtown Rutland, and Killington-Pico Ski & Golf Resort. This 19.8 acres may be combined with an adjoining 28.93 acres* ($210,000) SW that shares access ROW. The combined larger parcel of 48.73 acres (Listed by Town as 49.43 acres) is discounted to $325,000. The Gross Taxes listed hereon: $2,952.93/yr, are for that combined larger parcel of 48.73 acres. On a $59.74 per acre assessment basis, that would put the annual 2024 Tax on this 19.8-acre Parcel 1 at $1,183. and the tax allocated to Parcel 3 would be $1,728. Possible OWNER FINANCING. Or Ground-Lease starting at $1,250.00/month on Parcel 1, and $1,750/mo., on Parcel 3,...term negotiable. Note: The Right of Way from Route 4 along the south line of Parcel No. 2 on the survey map provided, appears to be 20 ft wide, but Seller also owns Parcel 2 with the gray cape house (currently on an annual lease), and advises he is willing to convey Parcels 1 and 3 with a 50-ft., ROW. Buyer should have a Wetlands Delineation done by a Vermont-Certified Wetlands specialist, and soils perc tests to establish a "development envelope". * See ML#4845085 for Listing on adjacent 28.93 acres for $210,000.
Exterior Features

Exposure West Lot Features Field/PastureHillyNeighbor BusinessViewWetlandsWooded Road Frontage Yes Road Frontage Length 50 Roads Public

Property Features

Assessment Amount 158700 Assessment Year 2013 Block 20 Covenants No Easements Yes Electric At Street Flood Zone Yes Foreclosed / Bank Owned / REO No Lot Number 19 Permit Status None Possession At Closing Resort No Row Length 425 Row Parcel Access Yes Row Width 50 Sewer On-Site Septic Needed Span Number 543-171-10001 Suitable Use CommercialMixed UseResidential Surveyed Yes Tax Year Notes thru 6/30 Taxes Tbd Yes Utilities Cable - AvailableTelephone Available Village District Locale Rutland Water Source On-Site Well Needed Zoning None

Courtesy of Ray Ault of Ault Commercial Realty, Inc.: Ray@AultCommercial.com.


© Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-06-15T18:05:58.077.
 
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